https://sg.finance.yahoo.com/news/sgx-chief-keeps-eyes-winning-223900206.html
I doubt we can get this Aramco IPO and the CEO is showing his naivety because SGX doesn't have the size and liquidity of other big stock exchanges like NYSE, HKEX and LSE. Low liquidity is often associated with a low valuation.
When Alibaba didn't even want to list on SGX, the world's largest IPO won't come to SGX too. Furthermore, SGX has been losing some big market capitalization companies.
When the top management doesn't know the capital markets well enough, SGX won't be able to go too far in this industry.
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https://sg.finance.yahoo.com/news/razer-ceo-become-billionaire-backing-li-ka-shing-025405415.html
Razor will be listing in HKEX. When SGX cannot convince Razor to list in SG, how can SGX convince Saudi?
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